Which of the Following Factors Has Been Suggested as an Explanation

question 120

Multiple Choice

Which of the following factors has been suggested as an explanation for the lack of economic growth in many poor nations?

• A) insufficient capital formation
• B) the supply of human resources is too high.
• C) inadequate level of resources
• D) a lack of dependence on the already developed nations

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Definitions:

Food

Any nutritious substance that people or animals eat or drink or that plants absorb to maintain life and growth.

Supplies

Items used in the operations of a business, usually not directly part of the finished product but necessary for production or administrative tasks.

Spending Variance

The difference between the actual amount of money spent and the budgeted or expected amount in cost accounting, often related to manufacturing costs.

Supplies Costs

The amount spent on obtaining various materials and goods necessary for the operation of a business.